Delfi (SG:P34) has released an update.
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Delfi Limited has adopted a cautious capital expenditure strategy, focusing on maintenance, improvements, and sustainability commitments. In 2023, the company returned to pre-COVID investment levels with a $23.6 million capex, mainly for production equipment and a new plot of land in Indonesia. Future investments will be aligned with business growth but remain flexible to adjust to market conditions and geopolitical uncertainties.
For further insights into SG:P34 stock, check out TipRanks’ Stock Analysis page.